I am having a caiptal gain on house property which is registered on my name.now I had purchased a new house property which is registered with 2 owner(one of them is me).so am I eligible for whole amount of capital gain or not?????
For what there is a barcode on form 103 on every page..will icai scan each and every page :S .. is there any problem if i change one page of the form with other ?
Can a pvt ltd company give loan to director, without any limit, a pvt ltd company is not a subsidiary of public company, having paid up capital Rs.7,53,000/-, can give loan to director & any restriction under companies act & income tax act ?
Within how many days Articleship regisstration become succesfull and when will get updated on the icai database? My form got delivered and 15 days completed still nothing happened so far :(
A director of pvt ltd company which is not a subsidary of public company taken loan from company is any consequences for loan amount under income tax ?
Hi,
Someone may please see the following and IF POSSIBLE, give reply:
Query 1
Assessee commenced business in May 2013.
As the invoice value crossed Rs.9 Lacs, Assessee has taken registration in August 2013.
Now, Assessee has total gross receipts Rs.20 Lacs for Apr-Jun 2013.
Which notification no. and sl. no., should I select for availing threshold limit exemption as in Field A.11.
Ans : ………………
Please confirm, suppose if I need to fill Rs.10 Lacs in Apr-Jun in Field B1.1. and for the second effect, should I fill Rs.10 Lacs in Field B.1.9 to consider threshold limit exemption.
Ans : ………………
Thanks in advance for your replies.
AS PER SEC.295(2) NO APPROVAL REQUIRED FOR GIVING A LOAN TO DIRECTOR, THAN MEANS A DIRECTOR CAN WITHDRAW A LOAN FROM PVT LTD WITHOUT ANY LIMIT OR ANY RESTRICTION.
IF ANY LIMIT OR RESTRICTION PLEASE DESCRIBE LIMIT & SECTIONS ALSO.
I am not taking ITC on my exempted purchases hence I am not Taking reverse credit of ITC on exempted sales VAT form I, but CTO charged ITC Reverse credit on sales exempted. is it correct
How much Itc is to be reversed or is disallowed on goods that are transferred outside the state (i.e branch transfer)otherwise than for sale.
Should 2% Itc be reversed
Or
Should 3% Itc be reversed
Please Explain me as per Provisions Of Tamilnadu Vat Act
And If There were any Amendments like Before it was 2% and now 3%
Then Please Speccify
Thanks & Regards
sir I want to know what i have to do after giving ipcc in May 2014 .please tell in detail about itt training and joining articles
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gain- sec54 exemption